Under 0.9000, the USD/CHF pair encounters resistance, and it declines for the first time in three days. After two consecutive days of advances, the pair has dropped, down 0.17%, after reaching a weekly high of 0.8996. Prior to the closing of Wall Street, the USD/CHF is trading at 0.8969 at …
Read More »Energy Market Story: Crude Retreats as Profit-Taking Caps Trade-Driven Surge
The energy market on Tuesday, June 10, 2025, saw West Texas Intermediate (WTI) crude oil surge to a …
Market Drivers: Could CPI Data Shift Fed’s Potential Easing Path in September?
The US Dollar edged higher on Tuesday, rebounding from a weak start to the week, buoyed by cautious …
USD/JPY Treads Water as Trade Talks and CPI Data Loom
The USD/JPY pair, up 0.25% at 144.95, clings to support above 144.90 as markets grapple with US-Chin…
Liquidity Crunch: Traders Face a Shifting Market in June 2025
Markets in June 2025 face a liquidity squeeze that’s reshaping how traders operate. U.S. Treasury yi…
Dollar Climbs and US Stocks Ride Risk-On Wave on Trade Talk Optimism
The US Dollar Index, tracking the currency against six major peers, rose 0.13% to 99.07 from 98.94, …
Gold Prices Struggles To Hold Steady Amid US-China Talks, CPI Anticipation
Gold prices, down 0.08% at $3,322.945 after reaching a daily high of $3,347.68, hold steady above th…
China’s Economic Rebound Faces Trade War Turbulence: Early Recovery Signals
China’s economy showed resilience in the first quarter of 2025, with growth reaching 4.7%, driven by…
Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Market Analysis
April, 2023
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18 April 2023 10:58 pm
EUR/USD advances on US dollar’s weakness
Due to declining US Treasury bond yields and general weakness in the US dollar (USD), the EUR/USD ends a two-day losing streak and rises and falls towards the 1.0950 level. Thus, after reaching a low of 1.0920, the EUR/USD is currently trading at 1.0961.As US Treasury bond yields decreased, the …
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18 April 2023 9:54 pm
What can Bitcoin’s latest price action tell about crypto market?
The price of bitcoin is starting to show signs resembling a market top, which indicates that selling pressure may be increasing. Stablecoin interest appears to be at a low level given that whales have not shown any movement in that direction despite an increase in social mentions. At the time …
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18 April 2023 7:37 pm
Macklem: BoC considered need for rates to stay higher longer
Tiff Macklem, the governor of the Bank of Canada, stated in her opening remarks before the House of Commons Standing Committee on Finance that the central bank has examined the necessity for rates to be higher for a longer period of time in order to bring inflation back to the …
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18 April 2023 6:25 pm
Ahead of API, WTI slides to multi-day lows near $80.00
Prices for WTI extended last US session’s drop near $80.00 though crude oil received some initial support from encouraging Chinese data. The API’s weekly report on inventory is awaited at the moment. On Tuesday, renewed selling pressure pushes the price of a barrel of American benchmark sweet light crude oil …
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18 April 2023 5:05 pm
Canada: Annual CPI declines to 4.3% in March
Inflation in Canada, as measured by the Consumer Price Index (CPI), decreased to 4.3% on an annual basis in March from 5.2% in February, Statistics Canada announced on Tuesday. This reading came in line with the market forecast. On a monthly basis, the CPI grew by 0.5% as projected. Additionally, …
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18 April 2023 3:17 pm
Johnson & Johnson rises on earnings beat, boosted full-year guidance
Johnson & Johnson delivered stronger-than-expected Q1 earnings that prompted the healthcare giant to boost its full-year guidance. JNJ reported a Q1 EPS of $2.68 on revenue of $24.7 billion to top the average analyst estimate for EPS of $2.50 on revenue of $23.61B. Sales rose 5.6% year-over-year with pharma revenue …
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18 April 2023 1:07 pm
European stocks rose due to the recovery of China and attention on the results of US banks
European stocks rose on Tuesday as investors awaited more US bank earnings reports to gauge the health of the sector, and a stronger-than-expected economic recovery in China boosted sentiment. The pan-European STOXX 600 rose 0.2 percent after starting the week retreating from its highest level in a year, ending a …
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18 April 2023 12:36 pm
Japan’s Nikkei closed higher for the eighth consecutive day
Japan’s Nikkei rose for the eighth straight session on Tuesday, supported by gains made by banks on positive US data, and a weaker yen boosted exporters. The Nikkei index rose 0.51% to close at 28,658.83 points, close to its highest level so far this year, in the longest streak of …
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18 April 2023 11:58 am
Gold rises with the decline of the dollar
Gold prices rose on Tuesday as the dollar weakened, as investors await more clues about the Federal Reserve’s interest rate path. Spot gold rose 0.2 percent to $2,001.09 an ounce by 0457 GMT. And US gold futures rose 0.2 percent to 2011.10 dollars. The dollar index fell 0.1%, making bullion …
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18 April 2023 5:23 am
Market Drivers – US Session 17/04/2023
On Monday, the US Dollar Index increased for the second day in a row as the chances of the Fed raising rates again at its May meeting increased and the possibilities of a rate cut later in 2023 decreased. Data from the US exceeded forecasts, with the Empire Manufacturing Index …
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18 April 2023 4:56 am
Gold recovers on US dollar’s correction
A slight pullback in the USD Index coincided with an effort at a recovery in the gold price, which scaled to close to $1,994.60. It would not be reasonable to view Gold’s upward trend as a reversal given the strong odds on another Fed rate hike.The Fed’s Beige Book will …
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18 April 2023 3:11 am
USD/CAD rebounds on stronger US dollar, Oil price
After a two-day recovery from its lowest points since mid-February, the USD/CAD steadily climbs upward. The US dollar applauds hawkish Fed expectations and optimistic yields to continue the recovery from the previous week. The present oil price is affected by the stronger dollar, concerns about the economy’s recovery, and apprehension …
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